Other Financial Accountability Study

150 items available

Permanent URI for this collection

Items in this collection

Now showing 1 - 10 of 11
  • Publication
    Anti-Money Laundering and Combating the Financing of Terrorism : Mali
    (GIABA and the World Bank, Washington, DC, 2008-09-18) World Bank
    This assessment of the Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT) regime in Mali was conducted on the basis of the Forty Recommendations of 2003 and the Nine Special Recommendations on the financing of terrorism drawn up in 2003 and 2001, respectively, by the Financial Action Task Force (FATF), and on the AML-CFT Methodology of 2004. The assessment was based on the laws, regulations, and other materials supplied by community institutions (in particular the Central Bank of West African States (BCEAO), the Banking Commission of the West African Economic and Monetary Union (BC-WAEMU) and the Inter-ministerial Group for Action Against Money Laundering in West Africa (GIABA)) and by the national authorities of Mali, as well as the information gathered in the course of the country visit from February 4 to 14, 2008. During its visit, the assessment team met with the managers and representatives of all the relevant government agencies and the private sector. This report provides a summary of the AML/CFT measures in force in Mali as at the date of the on-site visit or immediately thereafter. It describes and analyzes those measures, and makes recommendations on how certain aspects of the system could be strengthened. It also sets out Mali's level of compliance with the FATF 40+9 Recommendations.
  • Publication
    Maldives - Public Sector Accounting and Auditing : A Comparison to International Standards
    (Washington, DC, 2007-06) World Bank
    This assessment of public sector accounting and auditing standards purpose is to assist with the implementation of more effective public financial management (PFM) through better quality accounting and public audit processes in Maldives. The specific objectives are (a) to provide the country's accounting and audit authorities and other interested stakeholders with a common well-based knowledge as to where local practices stand in comparison with internationally developed standards of financial reporting and audit; (b) to assess the prevailing variances; (c) to chart paths to reduce the variances; and (d) to provide a continuing basis for measuring improvements. Annex A explains the methodology used for the study. Annex B provides a summary of international accounting and auditing standards referred to in this study. Annex C and D provide country accounting and auditing legislation, respectively. Lastly, Annex E includes a description of the benefits of accrual accounting.
  • Publication
    Nepal - Public Sector Accounting and Auditing : A Comparison to International Standards
    (Washington, DC, 2007-05) World Bank
    This assessment of public sector accounting and auditing in Nepal is intended to assist with the implementation of more effective public financial management (PFM) through better quality accounting and public audit processes. It is intended to provide greater stimulus for more cost- effective outcomes of government spending. The specific objectives are (a) to provide the country's accounting and audit authorities and other interested stakeholders with a common well- based knowledge as to where local practices stand in accordance with the internationally developed standards of financial reporting and audit; (b) to assess the prevailing variances; (c) to chart paths to reduce the variances; and (d) to provide a continuing basis for measuring improvements.
  • Publication
    Pakistan - Public Sector Accounting and Auditing : A Comparison to International Standards
    (Washington, DC, 2007-05) World Bank
    This assessment of public sector accounting and auditing for Pakistan is generally meant to help implement more effective public financial management through better quality accounting and public audit processes in Pakistan and to provide greater stimulus for more cost-effective outcomes of government spending. More specific objectives are (a) to provide the country's accounting and audit authorities and other interested stakeholders with a common, strongly-founded, knowledge as to where local practices stand against the internationally developed norms of financial reporting and auditing; (b) to assess the prevailing variances; (c) to chart paths for improving the accordance with international standards; and (d) to provide a continuing basis for measuring improvements.
  • Publication
    Brazil - Improving Fiscal Circumstances for Growth : Volume 2. Main Report
    (Washington, DC, 2007-03) World Bank
    This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the essential stylized facts (that are described in detail in volume two) and focuses on key recommendations (discussed in detail in Chapter 5 of the second volume). These recommendations highlight not only areas where improvements could be achieved, but also suggest options on how to go about implementing such modifications, based in part on international experience. The second volume of the report contains: more detail on these stylized facts; a first attempt to compile data for the entire non-financial public sector; quantitative analysis of the fiscal impacts on growth using a dynamic general equilibrium model and a simulation based on that model; specific examples of key budget rigidities; and, as an example, a review of road transport spending with a view to strengthening the impacts of this infrastructure spending. Other related World Bank reports concentrate on social security, health, financial markets, infrastructure, poverty, and the issues surrounding the monitoring and evaluation of public sector services in general. Volume one of this report also reflects some of the preliminary findings in these other reports.
  • Publication
    Bangladesh - Public Sector Accounting and Auditing : A Comparison to International Standards
    (Washington, DC, 2007-03) World Bank
    This assessment of public sector accounting and auditing for Bangladesh is meant generally to help implement more effective Public Financial Management (PFM) through better quality accounting and public audit processes in Bangladesh and to provide greater stimulus for more cost effective outcomes of government spending. More specific objectives are (a) to provide the country's accounting and audit authorities and other interested stakeholders with a common well-founded knowledge as to where local practices stand against the internationally developed norms of financial reporting and auditing; (b) to assess prevailing variances; (c) to chart paths for improving the accordance with international standards; and (d) to provide a continuing basis for measuring improvements.
  • Publication
    Brazil - Improving Fiscal Circumstances for Growth : Volume 1. Stylized Facts and Recommendations
    (Washington, DC, 2007-03) World Bank
    This document is part of a series of reports by the World Bank on Brazil's potential to foment more robust economic growth and reduce poverty and inequality. The main focus of this report is on the interrelated fiscal circumstances facing Brazil, with an emphasis on public sector spending. The report is divided into two volumes. This first volume distills the essential stylized facts (that are described in detail in volume two) and focuses on key recommendations (discussed in detail in Chapter 5 of the second volume). These recommendations highlight not only areas where improvements could be achieved, but also suggest options on how to go about implementing such modifications, based in part on international experience. The second volume of the report contains: more detail on these stylized facts; a first attempt to compile data for the entire non-financial public sector; quantitative analysis of the fiscal impacts on growth using a dynamic general equilibrium model and a simulation based on that model; specific examples of key budget rigidities; and, as an example, a review of road transport spending with a view to strengthening the impacts of this infrastructure spending. Other related World Bank reports concentrate on social security, health, financial markets, infrastructure, poverty, and the issues surrounding the monitoring and evaluation of public sector services in general. Volume one of this report also reflects some of the preliminary findings in these other reports.
  • Publication
    Sri Lanka - Public Sector Accounting and Auditing : A Comparison to International Standards
    (Washington, DC, 2007-03) World Bank
    This assessment of public sector accounting and auditing is generally meant to assist with the implementation o f more effective Public Financial Management (PFM) through better quality accounting and public audit processes in Sri Lanka. Following the introduction, and chapters on public sector accounting and auditing, Annex A explains the methodology used for the study. Annex B provides a summary of accounting and auditing standards referred to in this study. Annex C and D provide Sri Lanka accounting and auditing legislation, respectively. Lastly, Annex E includes a description of the benefits of accrual accounting.
  • Publication
    Brazil - Governance in Brazil's Unified Health System : Raising the Quality of Public Spending and Resource Management
    (Washington, DC, 2007-02) World Bank
    This report on governance in Brazil's unified health system assesses resource allocation and management, planning and budgeting functions, and budget execution at different levels of government for public expenditures on health services. The emphasis is on understanding the incentives generated for service providers, and the overall soundness of the accountabilities established in the public health services expenditure system. The analysis seeks to identify weaknesses of accountabilities for service provision that stem from the structure and process of intergovernmental and provider funding flows and related managerial practices. The paper draws on and enhances an accepted governance tool, public expenditure tracking, in both tracking funding and analyzing the governance and corresponding managerial challenges that impede effective public sector financing. The tracking instrument was applied to a sample of states, municipalities and healthcare facilities in the country in 2004.
  • Publication
    India : Synthesis Study of Public Financial Management and Accountability in Urban Local Bodies
    (Washington, DC, 2007) World Bank
    This study assesses the current state of Public Financial Management and Accountability (PFMA) systems in Indian urban local bodies. It identifies, analyzes, and documents good practices, focusing on their existing context, success factors, and replicability. It is important to mention that urban governance in India is a state subject and there are vast differences in the levels of reform that have achieved in different states. For the purpose of comparison, this study has developed good practice benchmarks in each PFMA area and used those to compare practices across Urban Local body (ULB)s. The study analyzes linkages between the legislative, budgeting, implementation, reporting, and oversight process in urban local bodies. Benchmarks and indicators have been developed for each strategic area. Analysis of policy, practice, and progress in each strategic area has also been conducted. This study synthesizes existing literature on PFMA in urban local bodies, identifies key PFMA areas where focused attention was required, and suggests ways forward. The main objectives are: 1) To describe the current PFMA environment in urban local bodies in India and identify replicable good practices; 2) To use the Public Expenditure and Financial Accountability (PEFA) benchmarks in developing good practice in each PFMA activity and to develop indicators for assessing PFMA in Indian urban local bodies; 3) To identify challenges and suggest priorities for improving the PFMA environment in Indian urban local bodies so as to feed into Jawaharlal Nehru National Urban Renewal Mission (JNNURM). This study does not focus on the financial performance or on quality of expenditure in terms of specific aspects of efficiency or effectiveness of spending by urban local bodies. It does not cover intergovernmental relations either in any level of detail except to the extent that such relations impact PFMA performance. It is important to mention that this study does not attempt to develop a scoring system for indicators and therefore does not rate relative performance among urban local bodies. It does however suggest as a key recommendation that states could adopt a scoring system or a "PFMA Report Card" for the urban local bodies as a means of comparison of PFMA performance to build a demand for better governed ULBs.